TikTok inks licensing deal with Merlin to use music from independent labels in videos and new Resso streaming service
https://techcrunch.com/2020/01/23/tiktok-inks-licensing-deal-with-merlin-to-use-music-from-independent-labels-in-videos-and-new-resso-streaming-service/
TikTok, the fast-growing user-generated video app from China’s Bytedance, has been building a new music streaming service to compete against the likes of Spotify, Apple Music and Amazon Music. And today it’s announcing a deal that helps pave the way for a global launch of it. It has inked a licensing deal with Merlin, the global agency that represents tens of thousands of independent music labels and hundreds of thousands of artists, for the use of music from those labels to be used legally on the TikTok platform anywhere that the app is available.
The news is significant because this is the first major music licensing deal signed by the company as part of its wider efforts in the music industry. That includes both its mainstay short-form videos — where music plays a key role (the app, before it was acquired by Bytedance, was even called ‘Musically’) — as well as new music streaming services.